The effect of combination grain refinement with AlTi5B1 master (55 ppm) and Sr-modification with AlSr5 master (20, 30, 40, 50 and 60 ppm) on the microstructure, tensile and hardness properties of AlSi7MgTi cast alloy were systematically investigated. Eutectic silicon was studied by optical and scanning electron microscopy after standard (0.5% HF) and deep etching (HCl). Morphology of eutectic Si changes from compact plate-like (as-cast state) to fibbers (after modification). Si-fibbers in samples with 50 and 60 ppm Sr coarsen probably as a result of over-modification. The optimum mechanical properties has the experimental material which was grain refined and modified with 40 ppm of Sr (UTS = 220.6 MPa; ductility = 6.1%, and 82.3 HBW 5/250/15).